Thu, September 24

Bitcoin Worth $3.15B Transferred to Exchanges in Last 24 Hours

Volatility has returned to the crypto markets. Coinglass reports that in the last 24 hours, $3.15 billion worth of Bitcoin (BTC) has been sent to exchanges, that is 152,000 Bitcoins. Now, it’s typically not a positive indicator when cryptocurrency is transferred from wallets to exchanges. This opens the door for

November 7, 2022 1 min read

U.S SEC Reveals $295M Bitcoin Ponzi Scheme Fraud

Investors in Trade Coin Club were promised “minimum returns of 0.35% daily.” Tetreault has settled the SEC’s claims against him, the statement said. The U.S. Securities and Exchange Commission (SEC) announced charges against four individuals for their alleged roles in a “fraudulent crypto Ponzi scheme” that defrauded investors out of

November 5, 2022 2 mins read

Instagram Influencer Jay Manzini Pleads Guilty in $8M BTC Fraud

Igbara informed his followers that he planned to purchase a substantial quantity of bitcoin. He made off with major cryptocurrencies to the tune of $2.5 million from the duped victims. After being charged with money laundering, wire fraud, and wire fraud conspiracy, Instagram star Jebara Igbara, aka “Jay Manzini,” entered

November 5, 2022 1 min read

Goldman Sachs Working on Crypto Database For Institutional Clients

MSCI and Coin Metrics are working together on the Datonomy project. Market players will be able to get a sense of the state of the various crypto sectors. Goldman Sachs, a heavyweight on Wall Street, is planning to release an online resource that explains and classifies cryptocurrency for its institutional

November 4, 2022 2 mins read

DappRadar Report Indicates the Recovery of the Crypto Market

Unique Active Wallets in DeFi increased by 7% (504K) from September. NFT trading volume reached $662 million, down 30% from September. The world’s largest marketplace for decentralized applications, DappRadar, revealed in its most recent report that the cryptocurrency market is growing and recovering with a market valuation of more than

November 4, 2022 2 mins read

Bitcoin Breakdown $20K Price Range, Will it Continue to Dive?

Bitcoin (BTC) traded at $20,338.84 with an increase of 8% in 14 days. Presently, BTC has a market cap of $395 billion. As a result of the market crash, several industries like Terra, Three Arrows Capital, and Celsius Network, have collapsed. Also, the most prominent cryptocurrency Bitcoin (BTC) value has

November 4, 2022 2 mins read

JPMorgan Hints Prolonged Crypto Winter Amid Decline in VC Funds

The third quarter of this year saw a record low of $4.4 billion in venture capital financing. Coinbase said that it does not anticipate a rapid recovery in the cryptocurrency market. Although the total value of the cryptocurrency market has risen to over $1 trillion in recent weeks, JPMorgan has

November 4, 2022 2 mins read

Aptos Projects Acquire $3M Support From Crypto Wallet Blocto

Blocto, a crypto ecosystem, and multichain wallet has announced the creation of a $3 million Aptos Ecosystem Fund to assist projects in bringing new users to Aptos. In the wake of Blocto’s Aptos integration, which saw 300,000 new Aptos wallets created in the first week, this is encouraging. Blocto and the Aptos

November 3, 2022 2 mins read

Fidelity Investments Announces Commission-free Crypto Trading

One of the top brokerages in the world has launched a revolutionary new product for trading cryptocurrencies. For retail customers, Fidelity Investments is introducing commission-free cryptocurrency trading. This trading firm has over $9.9 trillion in assets under management and has now revealed a waitlist for its new crypto service. The

November 3, 2022 1 min read

Compliant Privacy Protocol ‘Elusiv’ Raises $3.5 Million in Seed Funding Round

Seed fundraising for Elusiv, a Zero-Knowledge compatible privacy protocol, totaled $3.5 million, with LongHash Ventures and Staking Facilities Ventures serving as the round’s lead investors. The funds raised will be used to hire more developers, pay for security audits, and adapt the product for usage with many other blockchains. Several

November 3, 2022 3 mins read